 Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Books In Print, Audio Books. |
| Home » All Books » Audio CDs » Business » Personal Finance |
| |
|
|
Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
buy bestselling books in print, audio books
|
 |
List Price: $24.98
Our Price:
$16.49
You Save: $8.49
Features
• Abridged
• Audiobook |
| [ + Zoom ] [ Buy Now ] |
Book : Usually ships in 24 hours |
|
Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Customer Reviews
|
|
|
|
♥♥♥♥♥ |
Mediocre Book for Fans--OK for Kiyosaki Newbies
|
I have been a great fan of Kiyosaki for some years now, and have made good money following his principles, so I owe him a debt of gratitude. Also, I have read the greater part of his increasing panoply of books.
This book was quite disappointing. Like most of Kiyosaki's books, this one was filled with repetition. Now, I do subscribe to the theory that "repetition is the mother of learning," and so a bit of repetition to reinforce an important point is quite acceptable, and indeed beneficial.
But this book is full of mind-numbing repetition, and the content of its nearly 200 pages could easily have been boiled down to 50 pages.
There may be a clue as to the reason why this book was written on page 89 where the author says, "One of the benefits of being an author is that when I want a new liability [read: luxury item], I first write a book, like this one, and the royalties from the book pay for the liability."
That might indeed explain why this particular book was written.
For those who have already read Kiyosaki's books, especially the first three-- RDPD, Cashflow Quadrant, and Rich Dad's Guide to Investing-- this book would be quite superfluous. On the other hand for those totally new to Kiyosaki's work, this book may serve as a valuable primer.
Still, there are a few excellent "take-aways" from this book:
1) The world no longer runs on Money (a medium of exchange backed by real value--traditionally silver and gold, or other hard assets), but on Currencies (totally fictitious media of exchange based on debt and manipulation by central banks). Historically, every currency has eventually gone to its intrinsic value--ZERO. Therefore, it is essential to NEVER SAVE A CURRENCY, but to keep a currency moving, buying real assets which generate cash flow, or buying items with a real intrinsic value. This insight, mentioned in other Kiyosaki books as well, is an extremely valuable bit of information, and is the one big gem to take away.
2) The greatest "asset" in today's world of economic change and volatility is Financial Intelligence itself. Only by developing "Financial IQ," will one be able to weather the storms which are shaping up on the world economic horizon. And the time to get educated is RIGHT NOW!
3) Kiyosaki's grouping of the five types of Financial IQ is also worthwhile, and gives a workable template for developing and IMPLEMENTING a greater financial awareness: 1) Making more money; 2) Protecting your Money; 3) Budgeting your money (there are some unique insights in this one!); 4) Leveraging your money; 5) Improving your financial information.
All in all, this book is useful for Kiyosaki newbies, although even they may be put off by the repetition. I think long-time Kiyosaki fans may be disappointed.
|
|